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tv   Fast Money  CNBC  March 4, 2014 5:00pm-6:01pm EST

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products. i know the first round sold out. if this spurs in the company and the technology. that was saurabh gupta. thanks to the panel. kevin o'leary is on "shark tank." and you can catch "the profit" at 10:00 p.m. eastern. now, it's time for "fast money." >> thanks. "fast money" starts right now. we start with breaking news on u.s. stocks and today's record rally. investors breathing a sigh of relief, as tensions between russia and ukraine appear to ease. the s&p closing at an all-time high. the s&p and the dow having their best day of the year. the nasdaq closing at a 14-year high. and the russell 2000 seeing their biggest jump. tim seymour, brian kelly, josh brown and pete najarian. so, it's like it never happened. josh brown. what happened to this? >> ukraine is a huge trading partner with the united states.
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so -- it was a really great excuse to inject a little bit of fear into the market. and for people to be cognizant about how much risk they were taking. but in the end of the day, no one can predict geo politics. and people went bananas. let's focus on the u.s. market. what's really the story here is how broad this rally truly was. 490 of the s&p 500 stocks were up. every, single one of the dow 30, up. the market was actually led by financials, up more than 2%. when was the last time we saw something like that? russell up 2.2%. huge for small caps. that's been the lagger that everyone's looking to. and advanced decline. always talk about on this show. how many stocks are going up, versus how many are going down. today was an 88% up day and a new record high for advanced decline. it's very hard to find something
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that you don't like. >> this is what i want to know. has the situation fundamentally changed? has it fundamentally improved between ukraine and russia for us to have this rally? or do we just simply want to go higher? is there just a bias in the market at this point? >> there's reaction in both directions, actually. yesterday was a 90% down day. going into the weekend, it was probably going to be an opportunity to buy. putin gracefully backtracked and said i'm not looking to invade crimea. these are military exercises. this is when there's a referendum vote. putin could get what he wants here. getting crimea under his thumb. he had political control. if you want to say this has died, no. to the extent that two days ago and yesterday going into the markets trading, people felt like we could have a war that would draw the u.s. and the european union to be forced to faceoff with russia. not necessarily militarily.
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but that was the prospect. we are not there. i think we've taken a step back. and i think markets can focus. if you look at where markets were, volatility was too low. people need to recognize that you can't assume this is a one-way ticket. the bottom market, yields were so low yesterday. not just because of russia and slower growth. i think people have gotten ahead of themselves in taking it in the other direction. we're going to 350 on the ten-year to me, selling gold was the right thing to do. equities look good here. and i continue to maintain that you have to have volatility, at least protection. >> do we fade the entire rally we saw in the commodities yesterday? >> i don't think so. gold came back 15 bucks today. it was off $32 yesterday at the high. i don't think. there's other reasons to buy this thing. that's why it's impossible to trade geo politics. you have to be small. and you have to buy things
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and/or sell things that have a fundamental reach. gold, you have tremendous, tremendous demand coming from china. they're the biggest buyer of gold. >> you bought that yesterday. >> i bought it sunday night. sunday night. >> chinese demand, where you were buying. >> china was buying gold last year. and it went down 38%. how is that a driver? >> couple different things. not at the levels they were buying this year. the volume has increased tremendously. now, that you have a weakening yuan, they're buying it more. and as they don't need to buy treasuries, they're going to diversify the reserves and diversify into gold. >> part of the rally really started yesterday. and suddenly, yesterday, in the last final couple of hours, energy started to roll off a little bit. suddenly, technology names and big cap names started to participate. we finish about 13, 14 points on
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the s&p yesterday. but we started to see, melissa, a bit of a change in -- >> what was the names on your screen? >> there were three, huge trades yesterday that made us suddenly say this is going to be a short-term event. i didn't realize it was going to happen today. people are coming in and selling calls. selling that upside volatility. they felt that was going to come down. the other was the e.e.m. the emerging market etf. you look at the e.e.m. and 60 downside puts being sold. the rsx, which was getting hammered yesterday. again, selling of downside puts. a huge term in the sentiment. then, you look at the financials. the way the financials started to move off of the low end yesterday, started to get buyers -- >> you think this market wants to go higher? >> absolutely, it does. >> you think this market wants to go high center. >> whether i think it or not, it
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will go higher. i think it's animal spirits. >> i disagree. i look at the companies that are actually -- what really worked today? financials. tell me which financial is overvalued right now. is it citi? no. >> you don't have to have a debate between animal spirits and fundamentals. >> you think it's going up. >> i think the key is, it's correct, you can't trade geo politics. what you can say and i think this is really important, is that a rally like what we've seen, the eighth-best in the history for u.s. stocks is probably not going to end because of something in the ukraine. >> my only point here, i don't think what we saw over the last couple days is over. and therefore, i think people are looking for any reason to be somewhat skiddish. i have said all along, this market is going higher. i don't think you can be blindly playing this market straight high. first, amazon. now, facebook. the social media is buying a dronemaker. in talks to buy titan aerospace.
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let's turn to mike isaacs. obviously, $60 million is like the change that facebook finds in its sofa in the break room. it's something. what does the vision you think mark zuckerberg has for this thing? >> eventually, if they end up buying it, titan aerospace will fit into zuckerberg's grand plan called internet.org, which is facebook's vision to bring internet access to basically all of the developing countries in the world. the next -- the next 5 billion people onnot online, they can g internet through the drones. if you get internet access, you can get facebook access. >> is the thinking that it's going to provide internet access to parts of the world where, perhaps, it's new. what is the grand -- what's the
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context of this? >> so, it's funny because when you hear mark zuckerberg speak about it, it's very altruistic. it's a way to develop companies that don't have the access, don't have basic utilities. but it's a way to deliver facebook-type of services in the future. so, if people use a very low data-consuming version of facebook on a cheap phone, a cheap android phone in a developing nation and get internet access like anywhere in the country, you know, in the long run, it's going to bring more people to using a lot of different facebook services. >> as off the wall as it may seem, there's players trying to do similar things, but with different devices. google has a balloon that sames to do the same thing. >> project lun, a different approach to the same thing. it's smart for google, too.
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if you are bringing internet access there, people are going to use anywhere smartphones and their low-cost android devices, which google also makes. that means more searching. and over time, not now, there's not a lot of buying power there. but over time, you build the economies up. and then, maybe, the ads actually become worth buying to marketers and other countries. >> mark, great to have you with us. the senior editor at recode. do we care about this? >> not right now. what we care about is what facebook is doing. his doing it around the world. and the trade is to short the european telecos. whoever you want to see. they're going to get rid of the at lot of people's need for fixed and land lines. >> don't you look at this and say, zuckerberg's not just sitting there as ceo in his hoodie like everybody was thinking he was. this is a guy who is going out and making things happen for
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their company. some of it, they're buying. some of it, they're innovated on their own. they created this mobile area where that's the revenue now. >> it's a global company. they have more skill than anybody in this space. that will win. >> absolutely. >> what happens, though, if the amazon drones go to war with facebook drones? >> how about the luns? >> what would that mean? >> how do the luns play into this. >> and the google zeppelins get involved. >> and mean, if they're pointy. >> this makes me glad to have a roof over my head, with the social media company drones fighting it out in the sky. >> if it's a bitcoin, i might pay attention. >> we will continue to break apart today's record-breaking rally throughout the hour. and the stock's up more than 600% over the last year. could european car buyers push the stock higher. and vladimir putin's strong
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words calming the market this morning. but russian cyber terrorists could be an issue for the u.s. these days, everything your business does is done on the internet. and tomorrow you'll deveno more. that's what comcast business was built for. slow dsl from the phone company was built for stuff like this. sign up for internet and voice and find out how to get four weeks of tomorrow ready internet for free.
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i knew that you would like that. >> oh, my gosh. that's what we get these days? >> that's the ring? >> i got a ring. so, you know, put a ring on it. ♪ all the single ladies >> general electric ceo is betting big on his company. jeff immelt. shares ending the day higher by just under 2%. we're saying betting big. this is not that much, compared to what he already owns. >> he has his money. and i think investors want to see that. i think what people are reacting to is what g.e. was sold unnecessarily. people point to g.e.'s business in russia. that's a strong part of the business. jeff immelt is cognizant of the risks he takes around the world. g.e. capital will be adding to the bottom line. also, the aviation business, the
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services business. this is why you own g.e. the fact that he is buying the shells is a fantastic endorsement. >> if only he had a good track record. you want to look at the timing. the past four purchases he's made is no less at $24. the past 17 were done at no less than $30 and change. >> that's not counting the share buybacks. >> he's not timing his stock. >> i'm just saying, some people have better track records. and he apparently does not. >> a great track record at the helm. >> no doubt about that. next up, dish and disney's new deal. the company is carrying disney-owned networks like abc and espn. dish will turn off its ad-skipping feature, autohop.
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sounds good, too, for abc shows. >> i love it for both companies. specifically, the content providers right now really have all of the goods right now. disney, monster content provider. when you talk about internet tv, the growth there has been incredible. i look at companies that have content. the cbses in the world. iger has made monster acquisitions. they have deals in the sports world or the entertainment world. those are working because of the content. that's why the stock hit a 52-week high. tesla will open 30 new service centers in europe. phil lebeau has more on this story. >> this is about the expansion in europe and where they are pushing the business. when you look at what tesla at the geneva autoshow. they are going to add dealerships. they are adding 30 supercharger stations. these will allow people to drive
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long distances. it will connect the entire continent eventually. currently, they have 14 locations. most of those are in the netherlands, germany, norway, austria. that's where you see the recharging stations. building an international recharging network, that's a big focus. he's bullish on the growth in europe for tesla. following fourth-quarter earnings, he said, we're sorting through charges issuing over there. and that's slowing down the sales in europe, temporarily but we feel confident in addressing those near-term. and i expect that sales will pick up over in europe. look at sales of tesla. like every other stock, took a hit yesterday. bounced back today. now, trading at 254. not quite to the all-time high, guys. but a lot of people are waiting to see what happens this year, as they expand more in europe. and they really push the international sales.
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>> how is tesla stacking up versus its competitors, which are numerous in europe? >> in terms of electric vehicles? >> in terms of share of that market. >> they're just beginning. now, they have the largest growth in norway, which isn't surprising because that's a country where green vehicles are fashionable, if you will. there is a demand and appetite there. but they're not pushing sales as hard as they could. they slowed down deliveries in the u.s., so they could make more deliveries in europe. they don't have the actual capacity delivery schedule up to scale, for the u.s. and for europe. what we're seeing in europe at this point, it's too early to say, we know exactly what the demand there is. we know that this year, tesla plans to sell twice as many vehicles overseas, internationally, europe and china and asia, than they do in the united states. >> let's tap into the idea that tesla may be a charge on
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utilities. any sense where they may be more in touch with this as a concept. any sense that this is a reality over there? >> i think it's too early to know. i think what we're focusing on is the factory and what that says over the utility play. you can talk about the charging possibilities and what that does for rechargeable plays here in the united states. i think it's so early, we don't know what the possibilities are in europe. >> thank you very much, phil. joining us from chicago tonight. pete najarian, what is the options activity? >> it's been upside. yesterday, the wung thing i would correct phil on. it sold off earlier in the day. talking about the names turning around and showing you something about market reaction before today. this is one of the names, finished at 250 bucks a share last night. >> it wasn't down yesterday. >> it was down briefly. >> that's a long way from kiev. >> it touched down at 244.
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and then, popped up to 250 again. if you listen to morgan stanley and some of the excitement about what's going on recently, an upgrade on the price. and today about the gigafactory, and you get excited. >> people are insane. the gigafactory. i watch cnbc. people talking about upside crashes. people are losing touch with reality. >> you don't like it? >> no. gigafactory. get out of here. it's great. we are talking about things that might open in six years. and we're bidding up stocks beyond any -- >> you are aggressive on 3d printing. >> i took a profit. it worked. >> i mean, why is that so much different? why is that different? >> because i -- my boyish good looks allowed me to trade 3d
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printing stocks. we're trying to connect fundamental drivers that are more than a half-decade away. >> tesla, to be up on a day like today, it's a little concerning. i would thought it would be up 3%, 4%. >> but it outperformed yesterday, too. >> this is a stock -- >> a mo mo stock. >> this conversation, got to go. >> a lot of the shorts have been blown out of this thing. it will be difficult to go to $300. i said what josh said. i said it two months ago. i was wrong. i don't think the stock can continue to trade on this multiple. a big deal is brewing between two large tobacco companies. and the scary statistic that pu puts russia at the center. ♪
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. welcome back to "fast money." i'm seema mody. smith & wesson moving higher in the after-hours trade. they beat analysts expectations as handgun sales continue to grow. the company gave fourth quarter earnings guidance. smith & wesson shares higher after-hours. >> thank you so much, seema mody. brian kelly, handgun trade. >> the other place to look is ruger. i would look at cabela's. and dick's had a pop today. up about 1.4%. >> got it. big tobacco may mean mergers. don't laugh. yesterday, we flagged the story that reynolds american is making a bid for lorillard. and that might not be the last merger you see.
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joining us is john. could it pass through antitrust concerns? >> it makes a lot of sense. these guys have just about any kind of overlap you can imagine. the synergy is going to be massive. there's a question whether any trust regulators would approve this. when you combination these two, they will have 40% of market share. altria has 50%. they would be second-largest. >> how could we say there would be more mergers beyond this? >> you have to look at british america tobacco. on july 30th, that will be allowed, if they like, to make a hostile bid for the rest of it. they could make a friendly deal. they're not going to let this happen.
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they've had a position since they merged their brian williamson unit with r.j. reynolds. if this deal happens, there's a good chance reynolds will use stock. in that case, b.a.t. would get diluted. it doesn't make a lot of sense. so, they could help them out. they could buy some stock from them. help them make a bigger cash offer. or they could buy the whole thing. >> j.j., is this a deal being made from a defensive standhold? or are they going after it? is it e-cigarettes. this is an industry that is consolidating. and cost savings and eps is a big deal here. i own lorillard. and i think the stock was oversold going into this news. at the end of the day, this is a well-run company. your call. >> i think that you're right. remember, cigarette volumes have been in decline. they're going to stay in decline. the only way to increase
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revenues is raise prices. absolutely, they're going to look at this to improve profitability. it is in that sense. >> the e-cigs don't play a roll. >> lorillard has more e-cigarette business. >> that's a big way. their business is accelerating. >> they have a little bit. but they have blue, which is the biggest one. half of the volume in the u.s. and they bought another one, which is in the u.k. last year. they have been more aggressive than the rest of the guys. i don't think that's the key to this. really, yeah. that's a place to grow rev a bit. but they don't make money with that stuff yet. >> john jannarone. a.k.a. j.j. >> these are not cheap stocks. a lot of people own them. if real bond yields go up throughout the course of the year, i feel they get less
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attractive. if there's a transformational deal, like j.j. is talking about, it's a different story. let's get unusual activity of one airline. >> delta airlines, this name has been on our heat-seeker system for weeks, it seems like. and just last week, they were buying the april 33 call. stock was trading at 32 1/2. today, it was the april 36 calls. the stock is starting to break out to the upside. when you look at the call to put action, folks are very excited in the airline world right now. expect more upside. on the cigarette topic, lorillard was one of the areas where we had unusual activitact along with reynolds. >> indicating what? >> indicating that both names, potentially because of everything that j.j. was just talking about, could elevate to the upside. >> your interpretation of that activity with these two stocks is that a deal will happen and it's good for both parties? >> yes. >> and it's $65. that's 10% away from this price.
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this is still 10% to earnings. all the stock has done has gone up. >> still ahead, could the threat of a looming cyber attack on your business be increasing by the second? we'll speak to one guest who says you should be on high alert. and forget teenage waste lands. our week continues with a 17 y50er8d who started out at 12. tdd#: 1-888-648-6021 there are trading opportunities tdd#: 1-888-648-6021 just waiting to be found. tdd#: 1-888-648-6021 at schwab, we're here to help tdd#: 1-888-648-6021 bring what inspires you tdd#: 1-888-648-6021 out there... in here. tdd#: 1-888-648-6021 out there, tdd#: 1-888-648-6021 there are stocks on the move. tdd#: 1-888-648-6021 in here, streetsmart edge has tdd#: 1-888-648-6021 chart pattern recognition tdd#: 1-888-648-6021 which shows you which ones are bullish or bearish. tdd#: 1-888-648-6021 now, earn 300 commission-free online trades. tdd#: 1-888-648-6021 call 1-888-648-6021 tdd#: 1-888-648-6021 or go to schwab.com/trading to learn how.
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welcome back to "fast money." live at the nasdaq market site. what a day. the nasdaq at a 14-year high. the mid caps hitting all-time highs in today's session. ukraine fears appear to have cooled. let's talk about what could happen between russia and ukraine. our next guest says it might not be physical threats. it might be a concern. but the threat of a cyber attack. dan ives of fbr capital says 40% of all cyber attacks originate in russia. and it's putting large corporations on high alert. dan, good to see you.
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>> great to be here. >> we know that several cyber attacks originate in russia and eastern europe. can we see it retaliatory against each other? or can it spread? >> i think it can spread. that's the big fear here. they're anti-u.s. type retaliations that we've seen. that can be a threat to u.s. enterprise and parts of the government. that's kind of a red alert. i think a lot of cyber security experts are out there looking for aftereffects or shock waves as this plays out in the coming days and weeks. >> what are they looking for? is it what is being said by obama and what is being said by putin? >> i think it's behind the scenes. what they're seeing in the firewalls. cyber security is a massive issue among enterprises. we think it's 13% and 15%, in a 3% to 5% spending environment. really focusing on signature
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attacks. any unusual activity, especially on the government or homeland security side. that's going to be front and center over the coming days. >> what sorts of attacks. we've seen russia do this when it had a spat with estonia over a war memorial. it happened in 2007. and it took the internet off line. people couldn't access atms. vote in estonia. they couldn't vote or anything like that. what are we expecting against the u.s.? >> i think it specifically attacks on social media. major enterprises. and you know, any sort of attacks, specific on the homeland security side. and one that is a government-backed one. pro-russia and anti-u.s. type of attacks that we would see across homeland security. and it speaks that we have so many issues in terms of spending on the government. that's why you see it ramp up. from everything we hear, they're ready to go within the beltway if there's any issue.
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>> i want to talk about picks. it has been difficult to invest in these events when it comes to cyber. what's your topics? that stock has doubled, year-to-date alone. it's trading at a premium, on a price-to-sales basis, versus competitors. why do you like this one? >> i think demanding an acquisition, is the best acquisition i've seen. they are the only pure end-to-send, next gen security player out there. if you're a government, enterprises, you're looking for the best next gen cyber security guy out there. it's fireeye. they're consolidating the market. you can continue to see that multiple expand. they're a core player. >> once they launch i.p.s., intrusion penetration solutions. who are they going to take it from? cisco? >> cisco, symantec, and juniper.
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they've been the horse and bug buggy when everyone else is trying a ferrari. cisco hasn't moved the needle. >> can you get your head around the valuation of a fireeye? >> no. but i get the idea. i can get my head around the concept that this is everybody has to have it. and i think what you do with fireeye at this point, you put it on your screen. when you hear about a cyber attack, that's the name you immediately go to and trade it. you get a point popping it, you move in and move out. >> new high, ahead of an offering that's going to be priced on thursday night. >> i think what people look at this as a new frontier in the same way they look at technology. and in some sense, it is. symantec, as stated, is yesterday's news. the one thing i think you have to watch out for is this expectation that these things could be trading at 150-times multimillions. prove points trading at 50
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times. that's something you have to look at and say, this becomes commoditize, as well. >> major u.s. companies are worried about the ukraine impacting business. jane, where are you? >> the con-ag show in las vegas. this is the new hit tach chi hauler. the u.s. is good. the rest of the world, not so much. one area showing promise is an area of concern. you guessed it. russia. manatois, the early innings of the skran cycle. it's been a very good market. >> the things that manufacturing that they want to do to improve their place in a world, you
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know, economy. >> deere sells equipment to ukraine, where they grow a lot of wheat. and in russia, it has factories and is involved in forestry work there. ceo sam allen, beyond making sure everyone's safe, he is expecting a potential for short-term pain. >> russia has 9% of the world's land, 8% of the fresh water. russia, in the long term, is going to have to be part of a positive solution for helping feed the world. so, we need to figure out a way to steer through all these crisis and continue to stay there. >> and late today, caterpillar's ceo said he is guardedly a optimistic. it doesn't take much of a disruption to cause a large ripple effect. he is also said, china, while
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improving, is probably not going to return to the era of double-digit growth. >> jane wells. >> that's ludicrous. >> the world is not shutting down. russia's economy was slowing going into this. russia's economy is flawed on some level. at the same time, it's 80% natural resources. nothing has changed. it's not going to change. >> and they need the money. >> deere and caterpillar, they've been in russia forever. they're committed to the place. they're not scared by this. and this kind of stuff doesn't make a lot of sense to me. >> if wheat prices go up sharply, isn't that a good thing? >> it's a good thing. the farmer is going to have more money. >> the next season. >> there's more direct ways to play it. deere is probably the one of the equipmentmakers i would buy at these prices. caterpillar, the ceo doesn't have a lot of credibility. >> it's about china. >> and more construction versus farm. >> pops and drops.
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big movers. qualcomm. pete? >> they dominate the space. the 4g lte going out in china. they're going to dominate again. share buybacks. >> drop for cliff's natural. down 2%. >> got a downgrade today. this has been dead money. not much movement in this. i don't think you get hurt. but i wouldn't put money into it. >> pop for bit shop. up 32%. >> these guys had numbers. they beat estimates. the revenue line is what people are watching. 185-times earning. this is t.j. maxx online of china. this is happening in if the chinese space. it's a $10 million company. take a look at the names. >> intuitive surgical, one drop. >> this is a clowngrade. the stock had a tough -- >> resurrected the clowngrade. >> this year, it got off to a good start.
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up 17% year-to-date. long-term, we love the name. but short-term, we're worried about near-term growth drivers. it doesn't seem like a great reason to go from buy to neutral. >> and a pop for pancake day. commemorating england's day on fat tuesday. one chef has the world's most expensive pancake. it features lobster, caviar and truffles. the flap jack uses the tradition, which calls for using the spare ingredients in one cupboard. >> i didn't realize. i have that every day. >> it's pancake day for b.k. every day. >> every day, pancake day. >> i'm a waffle house guy. it's tough on pancake days. >> coming up next, another bitcoin site closing its doors. we have the shuttering of
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flexcoin. and some options traders were placing big bets on one tech name. mike khouw is here to explain. t or more on car insurance. everybody knows that. well, did you know pinocchio was a bad motivational speaker? i look around this room and i see nothing but untapped potential. you have potential. you have...oh boy. geico. fifteen minutes could save you fifteen percent ore on car insurance.
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yahoo! shares surged today. and with an ali baba ipo on the horizon, more gains to come. mike, what did you see? >> the stock, along with the market, up nicely today. and the activity we were seeing was in the near-dated weekly 40 calls. those are the ones that will be expiring at the end of this week. that will take us back up to the level that we basically see right here. this is a local high that we haven't seen broken, basically, until you go back to the tuck bubble. one thing i want to point out about the price appreciation. all of this is based on optimism about the things to come. largely, that's alley baba. there is one catalyst which is why they were looking at the weeklies, rather than something longer dated.
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we have joe si, going to speak at that conference at 8:00 a.m. pacific time. that's may be what people are looking for. to see if the executive vice chairman is going to say the favorable things about yahoo! that yahoo! had to say about them today. >> pete, are you on this trade? >> i am. i love it. i agree with you, mike. i like this going into it with the ali baba and everything else. but the activity continues to come in, week after week, in the weekly options. i have to be in with them. >> catch options action every friday. check out the website. let's move on to bitcoin here. another bitcoin site, flexcoin, has closed its doors after being robbed of every coin it held online. >> whoops. >> this comes one week after mt. gox, went offline. >> how can i get in, beaks? >> an excellent point. some exchanges had to die for
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bitcoin to survive in the long run. the thinking is that it legs regulators to come in. it cleans up the space. and then, it becomes more legitimate. >> i would agree with that. that's a natural cycle in any technology. the one interesting thing about this story here is that the coins that were stolen were in -- online. and it's what called hot storage, the coins that were offline. coins on a thumb drive. if you're in bitcoin and you have a lot of money invested, do not keep them online. keep them on a thumb drive. >> if regulators do come and this is supposed to strengthen the structural integrity of the exchange, what is the point? why not just use dollars? >> i don't think regulators should come into it. >> okay. we want it to stay the wild west. >> but not the wild. >> the storage? >> the storage -- it's self-correcting. >> i'm on beak coin only. >> your coin.
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b.k. coin. nice. >> soon. coming up next -- that's a tease. the moment you've been waiting for. day two of our teen traders coverage continues with a look at one market mavin who began his career at the age of 12. and hopes to give goldman sachs and josh brown, the reformed broker, a run for their money. ♪ [ bell ringing, applause ] five tech stocks with more than a 10%... change in after-market trading. ♪ all the tech stocks with a market cap... of at least 50 billion... are up on the day. 12 low-volume stocks... breaking into 52-week highs. six upcoming earnings plays... that recently gapped up. [ male announcer ] now the world is your trading floor. get real-time market scanning wherever you are with the mobile trader app. from td ameritrade.
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♪ >> look at that. >> who is that? >> oh, yeah. >> is that the beakers? >> oh, my god. >> there's trb. >> very nice. >> what a cute fella. >> it is day two of confessions of a teenage trader week. with the week, we have a throwback. there you are. a pictures of all of the traders. >> that's janet yellen on my back. >> tim, that's not very nice. he is very athletic. josh is josh.
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high school sweetheart on his back. your wife, now. >> that's my high school sweetheart in the picture. and my current shift supervisor at home. hi, honey. moving on. >> our traders weren't trading as early as our next guest. will hassell started trading when he was 12 years old. he's now 17. will, great to have you with us. >> thanks for having me. i'm a huge fan of the show. >> good to hear. what are some of your favorite positions on right now? >> some of my favorite positions are michael kors, and under armour, which i recently just put on. >> why do you like michael kors and under armour? why do you think they will sustain any consumer setback in spending? >> basically, from the earnings. they had strong earnings. the likes of which i didn't see from a lot of other retailers and consumer brands. when i saw that strength, i thought they're probably going to keep up with this because as the stocks will move with strength, people are looking for
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that strength because they've seen a lot of weakness through other retailers. >> will, i have a quick question for you. you said under armours is one of your armors. i'm curious, how did you get your arms around the fact that the valuation is so high and still willing to get in at these levels? >> when i took in account of the valuation, i thought it's not even in the overseas markets. not even in europe or asia. it doesn't have the same brand awareness which i view as a positive. it's almost like a mid-cap of the consumer names, of clothing apparel companies. >> will, as i understand it, you said you're a fan of the show. but you tweeted out, handsome alert, that you will be along with reform brokers. i know he has a special place in your heart. josh, you have a question for will. >> first, will, if more of america's teenagers were like you and grabbing the bull by the horns and learning this stuff early, i would feel really great
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about the future of the country. so, rock on. and i guess my question to you would be, it seems like you have a good fundamental grasp of the companies and you have a sense of where they fit in, are you incorporatining technicals at a? are you all fundamentals? or have you not decided yet what kind of investor you want to be? >> i'm finally fundamental and lean towards the positions. i look at my time frames. one month to multiple months to multiple years in some stocks like jpmorgan. when uh look at what i want, i like the fundamentals more. and i'm not too good at the technicals. still learning. i always check with my friend, ben banks. great technical analyst. and i talk to him about what he may see in the charts. to get a feel on the levels to get in on. >> thanks for joining us. best of luck in your portfolio. >> thank you.
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>> and getting into college. >> trade them well. >> will hassell. >> that guy's got it together. >> strongest teen traders so far. impressive. >> they are imcredibly impressive. >> tim seymour, give him a job. >> i don't know what his stock was. i knew what his stock was. >> we have your first big tour, when we come back. stay tuned. there's this kid.
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coach calls her a team player. she's kind of special. she makes the whole team better. he's the kind of player that puts the puck, horsehide, bullet. right where it needs to be. coach calls it logistics. he's a great passer. dependable. a winning team has to have one. somebody you can count on. somebody like my dad. this is my dad. somebody like my mom. my grandfather. i'm very pround of him. her. them. lemme just get this out of here. to go. unlike some places, we don't just change your oil. our oil offer comes with a four-tire rotation and a 27-point inspection. and everything looked great. actually, could you leave those in? sure. want me to run him through the car wash for you, too? no, no, i can't.
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time, now, for the final trade. around the horn. tim? >> the conflict in ukraine has been putting a bit on the fertilizer stocks. but watch the potash in brazil. that's driving this. >> brian kelly? >> yesterday, i talked about growing pigs. today, i'm talking about growing corn. monsanto. >> six months, from birth to slaughter. josh brown? >> a pairs trade. big day for bank of america. reclaimed the 50-day moving average. long that. short flexcoin or whatever we were talking about five minutes ago. >> whatever that is. long it. >> pit boss? >> the airlines continue to move to the upside. one that never gets covered,
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hawaiian air. keep an eye on this name. they're on-time. everything they are doing seems to be right. h.a. is going higher. >> mahalo. >> i'm melissa lee. at 5:00 for more "fast." "mad money" with jim cramer starts right now. . . my mission is simple. to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere, and i promise to help you find it. "mad money" starts now. hey, i'm cramer. welcome to "mad money." welcome to cramerica. other people want to make friends, i just want more days like today. my job is not just to entertain but to coach and teach you. so call me at 1-800-743-cnbc. we have to learn to stop taking counsel of our fears and start taming them or we'll be out of the market on beautiful days like today with the dow s

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